Ce-Tec: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
Ce-Tec
Largest movements
- Cash +€41,141
up €41,141 (+40.9%), from €100,638 to €141,779
mainly Other debts (+€98,955) and Net result for the year (+€48,218)
- Receivables within one year +€31,596
up €31,596 (+56.0%), from €56,444 to €88,040
of which Trade receivables: +€34,949
- Tangible fixed assets -€28,486
down €28,486 (-32.3%), from €88,286 to €59,800
- Other debts +€98,955
up €98,955 (+244.3%), from €40,499 to €139,454
- Reserves -€51,782
down €51,782 (-29.9%), from €173,192 to €121,410
- Debts after one year -€10,146
down €10,146 (-74.5%), from €13,626 to €3,480
- Tax, wage and social debts +€7,114
up €7,114 (+79.6%), from €8,938 to €16,052
- Gross operating margin +€3,969
up €3,969 (+4.2%), from €95,285 to €99,254
- Taxes +€1,024
up €1,024 (+8.8%), from €11,668 to €12,692
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €252,027 | €296,394 | +€44,366 | +17.6% |
| Fixed assets | 21/28 | €91,286 | €62,800 | -€28,486 | -31.2% |
| Tangible fixed assets | 22/27 | €88,286 | €59,800 | -€28,486 | -32.3% |
| Plant, machinery and equipment | 23 | €30,617 | €21,538 | -€9,079 | -29.7% |
| Furniture and vehicles | 24 | €21,102 | €12,485 | -€8,617 | -40.8% |
| Leasing and similar rights | 25 | €36,568 | €25,778 | -€10,790 | -29.5% |
| Financial fixed assets | 28 | €3,000 | €3,000 | = | 0.0% |
| Current assets | 29/58 | €160,741 | €233,593 | +€72,852 | +45.3% |
| Amounts receivable within one year | 40/41 | €56,444 | €88,040 | +€31,596 | +56.0% |
| Trade receivables | 40 | €52,760 | €87,708 | +€34,949 | +66.2% |
| Other amounts receivable | 41 | €3,684 | €332 | -€3,353 | -91.0% |
| Cash at bank and in hand | 54/58 | €100,638 | €141,779 | +€41,141 | +40.9% |
| Deferred charges and accrued income | 490/1 | €3,659 | €3,774 | +€115 | +3.1% |
| Total equity and liabilities | 10/49 | €252,027 | €296,394 | +€44,366 | +17.6% |
| Equity | 10/15 | €174,192 | €122,410 | -€51,782 | -29.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €173,192 | €121,410 | -€51,782 | -29.9% |
| Distributable reserves | 133 | €173,192 | €121,410 | -€51,782 | -29.9% |
| Amounts payable | 17/49 | €77,836 | €173,984 | +€96,148 | +123.5% |
| Amounts payable after more than one year | 17 | €13,626 | €3,480 | -€10,146 | -74.5% |
| Financial debts | 170/4 | €13,626 | €3,480 | -€10,146 | -74.5% |
| Amounts payable within one year | 42/48 | €62,071 | €168,504 | +€106,433 | +171.5% |
| Current portion of amounts payable after more than one year | 42 | €9,717 | €10,146 | +€429 | +4.4% |
| Trade debts | 44 | €2,917 | €2,852 | -€65 | -2.2% |
| Suppliers | 440/4 | €2,917 | €2,852 | -€65 | -2.2% |
| Taxes, remuneration and social security | 45 | €8,938 | €16,052 | +€7,114 | +79.6% |
| Taxes | 450/3 | €8,938 | €16,052 | +€7,114 | +79.6% |
| Other amounts payable | 47/48 | €40,499 | €139,454 | +€98,955 | +244.3% |
| Accrued charges and deferred income | 492/3 | €2,138 | €1,999 | -€139 | -6.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,121 | €32,871 | -€250 | -0.8% |
| Other operating charges | 640/8 | €2,466 | €2,462 | -€4 | -0.2% |
| Gross operating margin | 9900 | €95,285 | €99,254 | +€3,969 | +4.2% |
| Operating profit (loss) | 9901 | €59,698 | €63,921 | +€4,223 | +7.1% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €3,733 | €3,011 | -€723 | -19.4% |
| Recurring financial charges | 65 | €3,733 | €3,011 | -€723 | -19.4% |
| Profit (loss) for the period before taxes | 9903 | €55,965 | €60,911 | +€4,946 | +8.8% |
| Income taxes | 67/77 | €11,668 | €12,692 | +€1,024 | +8.8% |
| Profit (loss) for the period | 9904 | €44,296 | €48,218 | +€3,922 | +8.9% |
| Profit (loss) for the period to be appropriated | 9905 | €44,296 | €48,218 | +€3,922 | +8.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.